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Mortgage NewsBlog posted On October 15, 2021
As home values continue to rise, we’re making it easier for you to purchase the home of your dreams. As of 10/13/21, we have increased our conforming loan limits to make buying a home more accessible to more home buyers.
|
Units |
Contiguous States, District of Columbia |
High-Cost Area |
Alaska and Hawaii |
|
1 |
$625,000 |
$ 937,500 |
$ 937,500 |
|
2 |
$800,250 |
$ 1,200,375 |
$ 1,200,375 |
|
3-4 |
$967,250 |
$ 1,450,875 |
$ 1,450,875 |
No property restrictions apply. While many loan limit increases are only available for owner-occupied, primary residences, our higher loan limits will be available for non-owner-occupied homes, vacation homes, and investment properties.
Through this loan limit increase, we are keeping up with higher home prices and giving more buyers a chance to buy a home this year.
If you have any questions about the updated loan limits in your area, please let us know.
